Homework: Innovation and Competitive Analysis
Overview
From the same case that you have chosen for Deliverable 1, you will advise the CEO on ways forward for the company. In addition, you will examine the competitive environment and discuss frameworks for evaluating various strategies for the company.
Task
Write a 3 to 5 pages paper in which you:
I. Use a framework of your choice (for example, Porter's Five Forces of Competition from the textbook) to perform a competitive analysis of the company's industry. Support your response.
II. Select at least two innovative and technology trends that the company or its competitors introduced. Next, examine the feasibility and expected market impact of the trends you selected. Provide a rationale for your response.
III. Assess the company's situation (for example, its capabilities, resources, and so on) regarding its recent development. Provide support for your response.
IV. Give your opinion as to whether the company's organizational structure supports or impedes its ability to innovate and be a successful company. Justify your answer.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
I. Conduct a competitive analysis of technology trends, company resources and capabilities, and organizational structure for future innovation in a given industry.